| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP12124
|
| DP12124 Productivity and trade spillovers: Horizontal crowding-out versus vertical synergies in Europe as a response to the Foreign Direct Investment |
| Jan Hanousek
|
| 发表日期 | 2017-06-30
|
| 出版年 | 2017
|
| 语种 | 英语
|
| 摘要 | We analyze the impact of multinational enterprises (MNEs), via their foreign direct investment (FDI), on domestic firms in 30 European host economies, from 2001 to 2013. We incorporate international industrial and trade linkages into a standard theoretical framework and test them empirically on a unique dataset compiled from the Amadeus, Eurostat, UN Comtrade and BACI data sources. While controlling for horizontal, vertical, and export channels at the upstream and downstream levels, we show that the presence of MNEs significantly affects domestic firms, in terms of both changing the market structure and improving productivity. The impact is not always positive, as domestic firms are often crowded-out. However, those firms that withstand such double competition receive additional benefits stemming from trade (export) spillovers. In our complex model, we did not find significant (positive) interactions of domestic firms with horizontal MNEs which would suggest desirable productivity spillovers. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Multinational enterprise (mne)
Foreign direct investment (fdi)
European firms
Spillovers
International trade
|
| URL | https://cepr.org/publications/dp12124
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540935
|
推荐引用方式
GB/T 7714 |
Jan Hanousek. DP12124 Productivity and trade spillovers: Horizontal crowding-out versus vertical synergies in Europe as a response to the Foreign Direct Investment. 2017.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
